Economic Indicators6 hours ago (Apr 30, 2020 07:05PM ET) (C) Reuters. FILE PHOTO: Workers are seen as the sun sets behind a construction site in London LONDON (Reuters) – British factory output risks falling by more than half during the current quarter after 80% of manufacturers reported a collapse in […]
Which States Are Reopening, Which Remain on Lockdown, and Why
Florida After weeks of criticism over his reluctance to enact sweeping social distancing measures, Governor Ron DeSantis ordered all Florida residents to shelter in place beginning April 2. A previous order applied only to four southeastern counties: Miami-Dade, Palm Beach, Broward, and Monroe. Most of the state will reopen beginning […]
‘Microplastic Hot Spots’ Are Tainting Deep-Sea Ecosystems
Similarly, at the bottom of the ocean (the team used samples from up to a kilometer deep), complex topography like underwater valleys will channel ocean currents like rivers, and accelerate them. Here, the water is moving so fast it’s keeping sediment in suspension, just as it would in the middle […]
Your unemployment questions, answered
(C) Reuters. A person walks by the entrance of the New York State Department of Labor offices, which closed to the public due to the coronavirus disease (COVID-19) outbreak in the Brooklyn borough of New York City By Beatrix Lockwood NEW YORK (Reuters) – U.S. jobless claims have exceeded 30 […]
Early Remdesivir Data for Covid-19 Is Finally Here
That’s what happened during the Ebola outbreak that left more than 11,000 dead in West Africa in 2014, ’15, and ’16. NIAID researchers planned to test a new drug called ZMapp and add other promising treatments as they became available. Zmapp appeared to prevent Ebola patients from dying, but the […]
Coronavirus sends U.S. consumer spending into record fall in March
Coronavirus3 hours ago (Apr 30, 2020 10:30AM ET) 2/2 (C) Reuters. An abandoned shopping cart lies between empty paper towel aisles at a Target store in Culver City 2/2 (Reuters) – U.S. consumer spending plunged by the most on record in March on the back of stay-at-home orders across much […]
Moxie Is the Robot Pal You Dreamed of as a Kid
Robots are well suited for the kinds of repetitive skill-building activities that would quickly wear down a human teacher. They can’t totally replace human interaction (yet), but they may be able to augment it. “There’s evidence to support the idea that social robots can help with skill development in children,” […]
Covid Is Pushing Startups to Execute Long-Term Plans ASAP
At the onset of the coronavirus pandemic, food delivery services found themselves in an interesting predicament: They were fielding more orders than ever, even as restaurants struggled to get by. For Tony Xu, CEO of DoorDash, adapting to this rapid shift has hinged on building tools that make it easier […]
U.S. Personal Spending Plummeted by a Record 7.5% in March
Forex4 hours ago (Apr 30, 2020 08:54AM ET) (C) Bloomberg. Stores stand closed as a precaution due to the cornavirus pandemic in the Times Square neighborhood of New York on March 16. Photographer: Gabriela Bhaskar/Bloomberg (Bloomberg) — U.S. personal spending plummeted in March by the most on record as widespread […]
U.S. Initial Jobless Claims Total 3.8 Million in Latest Week
Economic Indicators5 hours ago (Apr 30, 2020 08:34AM ET) (C) Reuters. By Noreen Burke Investing.com – The number of Americans applying for initial unemployment benefits decreased to 3.83 million in the week ending April 25, the U.S. Labor Department said Thursday, as the economy continues to reel from nationwide lockdowns […]